The Board of Directors of Italian Design Brands S.p.A., diversified industrial group among the Italian leaders in design ("IDB" and, together with its subsidiaries, the 'Group'), which met today under the chairmanship of Andrea Sasso, approved the Group's consolidated financial results as of 30 June 2023.

Overall, the Group registered revenue for Euro 135.4 million (Reported) with respect to Euro 85.4 million as of June 2022 and, including in the consolidation perimeter the six months' results of Cubo Design, registered full half-year revenue of Euro 138.4 million, + 40,8% compared to 2022 and an export of 74%. In the same period, the organic growth of revenue, considering the consolidation perimeter as of June 2022 and excluding the effect of the acquisition of Cubo Design, has been +12,8%, driven by the performance of the Luxury Contract SBA.

The management of IDB will present the first semester results to the financial community today, at 6.00 p.m. CET. The supporting documentation is available in the 'Investors/Results and Financial Documents' section of the Company's website (www.italiandesignbrands.com).

The event can be followed via streaming at this link.

Dial-in to attend the conference call:

  • ITALY: +39 02 802 09 11
  • UK: +44 1 212818004
  • USA (local international number): +1 718 7058796
  • USA (toll-free number):1 855 2656958

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Italian Design Brands S.p.A. published this content on 11 September 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 11 September 2023 16:24:04 UTC.